821 E Washington Ave
Madison, WI 53703
Are you a founder of a high-tech company? Ever wondered what other financing tools are available to help extend your runway? Heard about Madison Development Corporation’s Venture Debt Fund but don’t know the details?
Here’s your chance!
ABOUT Startup Financing 101
Startup Financing 101 is on the second Tuesday of each month and designed to provide early stage startups and entrepreneurs an opportunity to ask questions of fund managers and associates.
Target audience is entrepreneurs and startup founders generally, not limited to companies actively fundraising.
This is a great opportunity to learn more about fundraising dos (and don’ts), why (and why not), and how to avoid common mistakes first-time (and experienced) entrepreneurs can make.
5:00-5:45 PM Startup Financing 101
Presentation & Q&A: presentation on the basic components of venture capital and financing startups.
6:00-7:00 PM NETWORKING / Q&A HAPPY HOUR
Snacks and drinks following the presentation in the cafe space, thanks to HealthX Ventures.
ABOUT LORRIE HEINEMANN & DAVE SCHOLTENS
Lorrie Heinemann is President & CEO of Madison Development Corporation, responsible for the growth and development of the organization and its employees. Supported by MDC’s Board and Advisory Committees, Lorrie sets and maintains the course for the operations of the organization, in addition to coordinating media and municipal relations.
Dave Scholtens is VP of Lending for Madison Development Corporation, charged with the management of MDC’s Business Lending arm, which consists of its Business Loan, Venture Debt, and Co-op Programs. In this role, Dave works with Dane County entrepreneurs and business leaders to help increase the number of jobs through the provision of loans that for some may be unattainable by current banking standards.
ABOUT MADISON DEVELOPMENT CORPORATION
Madison Development Corporation provides support to Madison startups and businesses through its Business Loan, Venture Debt and Co-Op Development programs. MDC’s Business Loan program can make loans up to $200,000 and its provides high-tech companies with the critical funding they need to reach profitability, in addition to offering qualifying emerging companies the liquidity needed to reach cash flow breakeven and beyond. While providing loans at competitive rates, the Fund also is complementary to early-stage equity sources of capital. MDC and our participating partners have committed more than $13 million to over 46 companies in Dane County through our Fund. For the past 10 years, over 76% of the 1,400 jobs created have provided a quality wage to employees (most of which at two times the current minimum wage).